Boeing (NYSE: BA) announced plans to cut around 400 jobs in its Space Launch System (SLS) moon rocket program, citing adjustments to NASA’s Artemis program and cost expectations. The aerospace giant will issue 60-day layoff notices in the coming weeks.
A Boeing spokesperson stated the company is working with NASA to mitigate job losses by redeploying affected employees to other roles within the company. The layoffs align with NASA’s shifting priorities and budget constraints for Artemis, a program designed to return astronauts to the moon for the first time since Apollo 17.
Artemis, originally launched under the Trump administration, is projected to cost $93 billion through 2025. However, the program has faced repeated delays and rising expenses. Artemis 2, a planned crewed lunar flyby, has been pushed to September 2025 from its original late-2024 target. Artemis 3, expected to mark the first astronaut moon landing under the program, has also been delayed to September 2026 from late 2025.
Boeing plays a critical role in NASA’s lunar ambitions, serving as the primary contractor for the SLS, which is essential for deep space missions. However, budget constraints and technical challenges have contributed to ongoing setbacks.
The job cuts reflect broader struggles within the aerospace industry as companies navigate shifting government priorities and economic pressures. Boeing, already grappling with production issues in its commercial aircraft division, continues to face challenges in its space and defense sectors.
With NASA recalibrating its Artemis roadmap, Boeing and other aerospace firms may need to adjust their strategies to align with evolving mission goals and budgetary realities.


SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Instagram Outage Disrupts Thousands of U.S. Users
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 



